Swan Energy repays debt of Rs 40 crore towards its fund-based facilities of textile business
时间:2024-06-26 19:30:50 阅读(143)
Swan Energy Limited announced that it has made a repayment of debt of Rs 40 crore towards its entire fund-based facilities of textile unit to the consortium of banks led by Union Bank of India. The consortium of banks comprises Union Bank of India, Bank of Baroda, Punjab National Bank and Mehsana.
“This move is a part of Swan Energy’s commitment to significantly reduce the debt position in its books. The debt repayment demonstrates Swan Energy’s goal to further strengthen the financial position by efficiently managing the financial obligations,” the company said in a statement.
Swan Energy Limited has recently made a prepayment of Rs 300 crore debt for its Floating Storage and Regasification Unit (FSRU) Project. The company has made the debt prepayment out of its internal accruals through its subsidiary Triumph Offshore Private Limited (TOPL) to its consortium of senior lenders of FSRU Project.
The FSRU vessel was commissioned in February 2023, which represents India’s first new build FSRU initiative, embodying Swan Energy’s leadership in ushering transformative developments in the LNG sector.
猜你喜欢
- Star Health- Transforming healthcare coverage
- FII, DII data- FPIs offloaded shares worth Rs 1261 Cr, DIIs sold shares worth Rs 1032 Cr on December 11, Monday
- Adani Group stocks rise, four hit upper circuit after major block deal; SC sets up panel to probe stock crash
- FII, DII data- FPIs offloaded shares worth Rs 3632 Cr, DIIs sold shares worth Rs 434 Cr on December 8, Friday
- Stocks To Watch- ITC, Vodafone Idea, Hero MotoCorp, TCS, Adani Enterprises, Ashok Leyland
- F&O Outlook- Nifty may head towards 17700-17800, traders advised to maintain positive bias
- 52-week high, 52-week low- RIL, Adani Power among 139 BSE stocks at new highs; Zomato, Future Retail hit lows
- Stake to secure naming rights to Sauber’s F1 Team
- Active funds delivering alpha over long term- Report